How many Chem Dry franchises were operating in Delaware at the end of 2021?
Chem_Dry Franchise · 2024 FDDAnswer from 2024 FDD Document
| 2023 | 10 | 2 | 5 | 0 | 0 | 4 | 3 | |
|---|---|---|---|---|---|---|---|---|
| California | 2021 | 272 | 8 | 19 | 5 | 0 | 0 | 256 |
| 2022 | 256 | 13 | 5 | 13 | 0 | 27 | 224 | |
| 2023 | 224 | 5 | 16 | 15 | 0 | 0 | 198 | |
| Colorado | 2021 | 53 | 1 | 7 | 1 | 0 | 1 | 45 |
| 2022 | 45 | 1 | 2 | 2 | 0 | 0 | 40 | |
| 2023 | 40 | 0 | 2 | 2 | 0 | 0 | 36 | |
| Connecticut | 2021 | 13 | 3 | 0 | 0 | 0 | 0 | 16 |
| 2022 | 16 | 0 | 2 | 2 | 0 | 0 | 12 | |
| 2023 | 12 | 0 | 5 | 0 | 0 | 0 | 7 | |
| Delaware | 2021 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2022 | 7 | 0 | 0 | 0 | 0 | 3 | 4 | |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION TABLE 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS – 2021 – 2023 (FDD pages 59–68)
What This Means (2024 FDD)
According to Chem Dry's 2024 Franchise Disclosure Document, there were 7 Chem Dry franchises operating in Delaware at the end of 2021. This number is derived from the Systemwide Outlet Summary table, which provides a breakdown of franchise locations by state and year.
For a prospective franchisee, this indicates the existing market presence of Chem Dry in Delaware during that period. It can be useful to evaluate the level of competition and market saturation in the state. A higher number of existing franchises might suggest a well-established brand presence, but it could also mean more competition for customers.
It is important to note that this number reflects the situation as of the end of 2021, and the number of franchises may have changed since then. The table also shows that the number of Chem Dry franchises in Delaware decreased to 4 by the end of 2023. This information, combined with other market research, can help a potential franchisee assess the opportunities and challenges of operating a Chem Dry franchise in Delaware.
Prospective franchisees should further investigate the reasons behind the change in outlet numbers, such as terminations, non-renewals, or transfers, to gain a deeper understanding of the market dynamics and stability of Chem Dry franchises in Delaware.